Sharechat Logo

Staff from Official Assignee move to secure Dotcom assets

Thursday 9th February 2012 1 Comment

Text too small?

The Official Assignee Office, responsible for insolvency and trustee services, is working to secure Kim Dotcom’s assets from his $4.3 million family home seized by New Zealand authorities.

Dotcom, the founder of file-sharing site, was arrested in Auckland last month as part of an operation led by the US Department of Justice targeting large scale criminal copyright infringement and money laundering. He was arrested along with four others by the Organised & Financial Crime Agency New Zealand and the New Zealand Police, after a request was made by the United States to arrest extradite the parties.

Guy Sayers, proceeds of crime manager at the Official Assignee, said Dotcom owns two Coatesville properties, while a third was rented for his staff. Sayers estimated the value of the rental property to be about $5 million.

“The reason why we are up their today is to help them shift their stuff,” Sayers said. “What they (my staff) are doing is carrying on their duties under the order of the court – there are still some items that need to be restrained.”

“We are just carrying out the normal process under the court order – and trying to keep people calm,” he said.

The Official Assignee confirmed a new restraining order had been granted over the property on Feb. 1.

Dotcom’s business has been shut down in the US and his bank accounts have been frozen. He has disclosed an account with $300,000 in it as a sign of good faith.


  General Finance Advertising    

Comments from our readers

On 12 February 2012 at 3:20 pm BoB Hart said:
i read somewhere van der Kolk is behind this new file host: ...anyone know if it's true? p.s. LMAO @ US against PIRATING:
Add your comment:
Your name:
Your email:
Not displayed to the public
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

Sanford FY earnings flat on reduced volumes
NZ dollar extends gains, aided by US-China trade doubts
12th November 2019 Morning Report
MARKET CLOSE: NZ shares gain, retirement villages buoyed by Auckland housing market bounce
NZ dollar rises, shrugging off US-China trade war woes
Long-serving ACC investment chief calls it a day
Institutional investors continue to shun Fonterra
Card spending stalls; dearer petrol crowds out other goods
Abano directors cave to takeover by scheme of arrangement
Fletcher dismisses subcontractor claims as vague

IRG See IRG research reports